**News Flash: Tether Eyes Commodities Lending Amid Record Profits**

Tether Holdings Ltd, the issuer of the USDT stablecoin, is exploring lending opportunities with commodities trading firms, according to a recent Bloomberg report. The company, which posted a record $5.2 billion profit in the first half of 2024, is looking to deploy its substantial earnings into new ventures.

- **Lending Talks**: Tether has reportedly discussed dollar-denominated loans with several commodity traders, aiming to integrate USDT into mainstream commodities trades.

- **Market Impact**: This move could provide much-needed credit for financing international shipments of commodities like oil and precious metals.

- **Strategic Growth**: Tether's CEO, Paolo Ardoino, mentioned that the company is still in the early stages of defining its strategy in the commodities sector.

With a market cap of around $120 billion, Tether continues to diversify, investing in areas like sustainable energy and AI infrastructure.